India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Dextrus announced its premium workspace launch at Mint, Sahar Plaza, Andheri East, opening September 2025. Spanning 37,000 sq ft, it features bespoke offices, flexible desks, and eco-friendly infrastructure. Strategically located near JB Nagar Metro, it combines luxury, sustainability, and connectivity to create a vibrant professional community.
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State Street Corporation leases 250,000 sq. ft. at Mumbai’s BKC for ₹350 crore, establishing a Global Capability Center. The Equinox Business Park deal reflects India’s growing appeal for multinational firms, driven by a skilled workforce and cost benefits. BKC’s premium location sees 99% occupancy, underscoring demand for commercial real estate.
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HDFC Bank leases 4.16 lakh sq ft at Gigaplex, Navi Mumbai, for ₹24 crore annually. The 10-year lease includes 322 parking spaces and a 15% rent escalation every three years. The office, likely for IT/ITES operations, highlights Navi Mumbai’s growing prominence as a hub for Grade-A commercial spaces.
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Equinox India, formerly Indiabulls Real Estate, debuts under the ‘Embassy’ banner with the launch of Embassy One in Thane. Backed by ₹3,911 crore investment from Embassy Group and partners, the company plans premium projects in MMR, Bengaluru, and Chennai while awaiting NCLAT’s decision on its merger with Embassy Group.
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Nippon Life India Asset Management invests ₹486 crore in two premium office spaces at One Lodha Place, Lower Parel, Mumbai. The acquisition reflects Mumbai’s rising demand for Grade-A commercial hubs. Backed by Nippon Life Insurance, NAM India strengthens its presence in India’s financial capital, targeting innovation and excellence in real estate expansion.
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Morgan Stanley has launched a new office that spans one million square feet in Oberoi Garden City, Mumbai, consolidating operations for 8,500 employees. The campus is designed to promote collaboration, inclusivity, and sustainability and targets LEED Gold certification. It includes childcare, wellness spaces, and fitness facilities, highlighting Morgan Stanley’s commitment to India as a key hub for innovation and growth.
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